A cybersecurity investigation has revealed an extensive hacking campaign involving autonomous artificial intelligence tools. Researchers reported that a hacker used AI agents to target more than 1,200 websites. According to the investigation, over 100 organizations were compromised during the campaign. The findings were detailed in reporting published Monday, October 19. The case raises concerns about the increasing use of artificial intelligence to automate cyberattacks. SMM

Amazon is introducing a new software tool designed to make its custom artificial intelligence chips easier for developers to use. The technology, called TorchNeuron, supports applications built using the popular PyTorch framework. Amazon says developers can move existing PyTorch workloads to its Trainium processors with a configuration change. The company intends to release the tool as free, open-source software. The development represents another challenge to Nvidia's positi

Technology companies experienced significant losses on Wall Street Friday, October 16, 2026, as investors expressed growing concerns about the financial sustainability of massive artificial intelligence investments. The technology-heavy Nasdaq Composite dropped 2.1%, closing at 26,140.03, while major semiconductor companies suffered sharp declines amid uncertainty surrounding the long-term profitability of AI infrastructure expansion. SMMC NEWS REPORT The selloff affected sev

Finance leaders from the Group of Seven (G7) major economies have agreed to conduct simulated cybersecurity exercises designed to prepare financial institutions and government authorities for potential cyberattacks involving artificial intelligence. The agreement comes amid growing international concerns that increasingly advanced AI systems could be used to exploit vulnerabilities in banking networks and critical financial infrastructure. SMMC NEWS REPORT The agreement was d

Apple and Meta have reportedly collaborated on a technical demonstration involving Meta's artificial intelligence technology running locally on Apple's Mac Studio computers. The development highlights growing interest in operating advanced AI models directly on personal computers rather than relying entirely on cloud-based systems. SMMC NEWS REPORT The demonstration reportedly involved Meta's Muse Spark AI model operating on high-performance Apple hardware. Running artificial

Hollywood has entered a new era as David Ellison and executives from Skydance Corporation celebrated the completion of the Paramount and Warner Bros. Discovery merger by ringing the opening bell at the New York Stock Exchange on Thursday, October 8, 2026. The historic ceremony marked the arrival of one of the world's largest entertainment companies, bringing together legendary film studios, television networks, streaming platforms, and some of the industry's most recognizable